How to pay social security for self-employed people is cost-effective

Individual industrial and commercial households belong to employers, so it is cost-effective to pay social security, and they must pay social security. The employer declares itself and pays social insurance premiums in full and on time; Individual industrial and commercial households without employees can pay social insurance premiums directly to social insurance premium collection agencies. The employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal.

Legal objectivity:

Accounting system for social insurance funds Article 14 The income of the basic old-age insurance fund for enterprise employees includes basic old-age insurance premium income, financial subsidy income, interest income, entrusted investment income, transfer income, higher-level subsidy income, lower-level higher-level income and other income. Among them, the basic old-age insurance income refers to the basic old-age insurance premiums paid by units and individuals in accordance with the prescribed payment base and payment ratio.